Highlights

Wood Highlights Industry’s Progress in Increasing LNG Supply

FERC Chairman Pat Wood said the testimony of Federal Reserve Chairman Alan Greenspan on Tuesday underscored the economic importance of abundant, reasonably-priced natural gas. He also noted that the industry is well on its way toward increasing imports of liquefied natural gas.

June 12, 2003

Correction

A story that ran in NGI’s Daily Gas Price Index on Sept. 7 titled, “CONSOL CEO Highlights Gas Production, Talks Power,” incorrectly reported the difference between analysts’ estimates of CONSOL Energy earnings and CEO J. Brett Harvey’s guidance for the six month period ending Dec. 31. Harvey told investors last Thursday at the Friedman Billings Ramsey 8th Annual Investor Conference in Washington, DC, that he expects the company to earn about $0.50/share for the six-month period, which is $0.34 below Wall Street estimates of $0.84/share for the six-month transition period ending Dec. 31. NGI regrets the error. In addition, CONSOL Energy issued a correction to its news release on Friday. CONSOL Energy acquired “366 Bcf” rather than “366 MMcf” as originally issued on Thursday.

September 10, 2001

CONSOL CEO Highlights Gas Production, Talks Power

Based on current operating conditions and future prices for coal and natural gas, CONSOL Energy CEO J. Brett Harvey told investors last Thursday at the Friedman Billings Ramsey 8th Annual Investor Conference in Washington, DC, that he expects the company to earn approximately $0.50/share for the six-month period ending Dec. 31, which falls $0.34/share short of Wall Street estimates of $0.84/share for the six-month transition period.

September 10, 2001

CONSOL CEO Highlights Gas Production, Talks Power

Based on current operating conditions and future prices for coal and natural gas, CONSOL Energy CEO J. Brett Harvey told investors Thursday at the Friedman Billings Ramsey 8th Annual Investor Conference in Washington, DC, that he expects the company to earn about 2 cents/share below Wall Street estimates of $0.52/share for the six-month transition period ending Dec. 31.

September 7, 2001

MMS Highlights Drilling Incentives in Two Lease Sales

The U.S. Minerals Management Service (MMS) last week highlighted the economic incentives for deep gas exploration in its final notice for the Western Gulf of Mexico (GOM) Lease Sale 180 and Sale 178, Part 2, to be held concurrently on Aug. 22 in New Orleans. The sales include an incentive to drill for deep gas deposits located in the shallow water shelf area of the Gulf.

July 30, 2001

MMS Highlights Drilling Incentives in Two Lease Sales

The U.S. Minerals Management Service (MMS) highlighted the economic incentives for deep gas exploration in its final notice for the Western Gulf of Mexico (GOM) Lease Sale 180 and Sale 178, Part 2, to be held concurrently on Aug. 22 in New Orleans. The sales include several initiatives to increase domestic oil and natural gas production.

July 24, 2001

Enron’s Lay Highlights Results of Transition to E-commerce

The transition to an online business model has led to cost reductions, improved efficiency and tremendous growth for Enron, CEO Ken Lay said last week during a web-cast conference on e-commerce sponsored by Houston-based FlashFind Corp. and the Independent Natural Gas Association of America.

April 9, 2001

Enron’s Lay Highlights Results of Transition to E-commerce

The transition to an online business model has led to cost reductions, improved efficiency and tremendous growth for Enron, CEO Ken Lay said earlier this week during a web-cast conference on e-commerce sponsored by Houston-based FlashFind Corp. and the Independent Natural Gas Association of America.

April 6, 2001

FERC Plan Highlights Fast Certificate Process

FERC intends to pursue several strategies over the next fiveyears to facilitate gas pipeline development and “get gas whereit’s needed most,” the Commission said in a draft strategic planfor fiscal years 2000-2005. One of its most important objectives isto “foster a regulatory environment that facilitates theresponsible development of transportation capacity to meetpotential increase in market demand for natural gas to 25 Tcf in2005 and 30 Tcf in 2010,” the draft stated.

September 4, 2000

FERC Plan Highlights Fast Certificate Process

FERC intends to pursue several strategies over the next fiveyears to facilitate gas pipeline development and “get gas whereit’s needed most,” the Commission said in a draft strategic planfor fiscal years 2000-2005. One of its most important objectives isto “foster a regulatory environment that facilitates theresponsible development of transportation capacity to meetpotential increase in market demand for natural gas to 25 Tcf in2005 and 30 Tcf in 2010,” the draft stated.

August 30, 2000